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by haltingproblem
2251 days ago
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Jumping the gun here. Jio's founder, Ambani has his own ambitions in this space and he is highly unlikely to carry water for FB. This is akin to saying when Microsoft took a stake in Apple that they would carry water for Apple. They are frenemies at best and outright competitors. FB gets to deploy its cash hoard into a relatively safe and perhaps lucrative investment and buy some insurance to being treated fairly on Jio's platform. |
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